AmeliaChong's Beiträge

gold advise in Erfahrene Trader Jul 09, 2017 at 08:07

It is believed that selling rallies will continue to be the best way to deal with the gold markets, especially with the $1230 level looking so resistive. As soon as we get some type of exhaustive candle, it’s time to start selling yet again. A breakdown below the $1200 level is not only a negative sign, but we should pylon into the short positions. There is no interest in buying gold, unless of course there is some type of major geopolitical issue, such as North Korea flaring up, but quite frankly I think and less something like that happen, is very likely that strength will be sold goin...

Long AUDUSD in Erfahrene Trader Jul 09, 2017 at 07:15

The AUD/USD pair is making minor-recovery attempts from a sharp drop to 0.7570 levels, although remains vulnerable amid widespread risk-aversion and broad-based US dollar recovery.At 0.7582, the pair finds the immediate resistance at 0.7600 (key resistances) above which gains could be extended to the next hurdle located 0.7632 (10-DMA) and 0.7687 (Jul 4 high). On the flip side, the immediate support is located at 0.7567 (weekly low). Selling pressure is likely to intensify below the last, dragging the Aussie to 0.7539/22 (100 & 50-DMA) and below that 0.7511 (200-DMA).

gold advise in Erfahrene Trader Jul 06, 2017 at 12:22

Gold prices on Comex keep the recovery mode intact for the third straight session, although the struggle continues with $ 1230 barrier, despite widespread risk-aversion and a non-event FOMC minutes release.Gold regains 200-DMA at $ 1225.42

How to select the Best Currency Pair for Investment? in Neue Trader Jul 05, 2017 at 06:23

I think predicting any currency pair is just a probability of either it will go up or down or will not. Everything depends on market fluctuations, sometimes geopolitical issues and disasters are responsible for a rate change in Forex Pairs which can't be predictable so as per my experience, there is nothing like the most predictable.

GBP/USD daily outlook in Erfahrene Trader Jun 30, 2017 at 12:06

GBP/USD closed above 1.30 for the first time since May 19 after Carney’s hawkish twist on Wednesday yielded a bullish descending broadening wedge breakout. The currency pair traded above 1.30 levels in the Asian session today.

gold advise in Erfahrene Trader Jun 29, 2017 at 07:53

Gold is trading above 100-DMA level of $1249.50 after failing for the last two days to hold above the key MA despite the sharp sell-off in the USD.

EUR/USD in Neue Trader Jun 29, 2017 at 07:52

The bulls take a breather in early Europe, after the next move higher seen in EUR/USD above 1.1400 during the Asian session, as markets await fresh fundamental drivers for further momentum.

EUR/USD in Neue Trader Jun 28, 2017 at 06:12

The bullish momentum behind the common currency extends into Asian trades this Wednesday, driving the EUR/USD pair further north to print fresh yearly tops of 1.1356.Over the last hours, the bulls appear to take a breather and consolidate the latest upmove, awaiting further hints from the ECB President Draghi on the monetary policy approach, as he speaks again today at the European Central Bank (ECB) Forum on Central Banking, in Portugal.

EUR/USD in Erfahrene Trader Jun 27, 2017 at 07:05

Key Considerations for today:The EUR/USD pair rose to a high of 1.1219 in the North American sessionThe GBP/USD pair found buyers near 1.2710 levels in the overnight trades

Next week market forecast in Allgemein Jun 26, 2017 at 09:59

The Dollar fell against a wicker bin of the other significant monetary standards on Friday, posting its biggest one-day decrease in three weeks on the back of waiting feelings of trepidation over prospects for additionally loan fee climbs this year in the midst of a lull in the expansion.The euro was higher against the dollar, with EUR/USD rising 0.39% to 1.1194.Sterling likewise made strides against the greenback, with GBP/USD climbing 0.29% to 1.2718.The pound was supported by a hawkish remark by active Bank of England policymaker Kristin Forbes, who said the ‘lift-off’ of UK loa...

EUR/USD in Erfahrene Trader Jun 25, 2017 at 07:48

The period of consolidation may have reached an end. The hawkishness of the Fed is already priced in and reality could bite. In the euro-zone, the economy looks good, politics look good and Draghi will eventually have to taper. He cannot delay things forever.

What’s reason behind gold’s poor performance? in Neue Trader Jun 23, 2017 at 11:33

Bloomberg carries a piece on gold-price outlook in the coming months, noting that the outlook for the yellow metal remains divided, with the bear trend descending from record high in 2011 still intact, while higher highs, higher lows signal recent rally may have legs.Key Points:Bearish factors:No incentive to hold the precious metal because equities are climbing to recordsGlobal economy is recoveringFederal Reserve is so wary of tight labor markets that it has pledged to increase u.s. interest rates further this yearBullish factors:Gold is an appealing hedge as long as Donald Trump's presi...

Crude in Erfahrene Trader Jun 23, 2017 at 11:33

Oil recovery may lead to risk-reset in the markets and yield a steeper treasury yield curve and a strong US dollar. Thus, the GBP / USD pair may end the week below the 50-week MA if the oil recovery gathers steam. On the other hand, a fresh sell-off in oil would yield a flatter yield curve and keep the dollar bulls at the bay, thus helping the GBP bulls defend the weekly 50-MA support.

GBP/USD daily outlook in Erfahrene Trader Jun 23, 2017 at 11:32

GBP/USD printed a weekly low of 1.2589 on Wednesday before BoE Chief Economist Andy Haldane’s hawkish comments pushed the pair higher to 1.2710. UK Prime Minister Theresa May’s visit to Brussels failed to move the pair in a big way on Thursday. The spot traded around 1.27 levels in the Asian session today. The weekly 50-MA offers support at 1.2660. Bearish exhaustion below weekly 50-MAFor three weeks now (including this week), the sellers have failed to keep the pair below weekly 50-MA. On the weekly chart, we clearly candles with long tails below the weekly 50-MA, suggesting dip d...

USD/JPY in Erfahrene Trader Jun 22, 2017 at 06:36

USD/JPY on Wednesday failed to build on its recovery move despite of an unexpected rise in existing home sales data from the US as investors now seemed concerned that continuous slide in oil prices would be bad for inflation or might even lead to disinflationary pressure. TREND INDEX: BearishAVG SELL PRICE: 112.23AVG BUY PRICE: 110.86

EUR/USD in Erfahrene Trader Jun 22, 2017 at 06:35

The EUR/USD pair extended the overnight upside consolidative mode into Europe, and now looks to regain poise, as the bulls gear up to conquer 1.1200 in the day ahead.

GBP/USD daily outlook in Erfahrene Trader Jun 12, 2017 at 07:43

After having founding strong support near 1.2710 levels, the GBP/USD pair regained poise in the Asian trades, now accelerating the gain towards the next key resistance located at 1.2780, as dust settles over the UK general election aftermath.The spot is back on the bids, despite mixed market sentiment and rallying treasury yields, as the GBP bulls make another attempt to take on the recovery from seven-week lows of 1.2632, in a bid to regain 1.28 handle.

USD/JPY in Erfahrene Trader Jun 12, 2017 at 07:43

The bears are seen control so far this session, keeping the USD/JPY pair slightly under pressure amid subdued trading activity seen around the greenback, as investors gear up for an eventful week ahead.The spot is seen moving back and forth in a tight range, stuck between 10-DMA barrier on the upside, while 5-DMA support helps cushion the downside. A phase of bearish consolidation is seen in USD/JPY, as the bears take a breather after last Friday’s sell-off, triggered by resurgent yen demand amid rising US treasuries and a retreat in Wall Street stocks.

What’s reason behind gold’s poor performance? in Neue Trader Jun 08, 2017 at 09:55

Gold prices were relatively overbought at the time, and with RSI on the hourly chart already having shown a case of divergence, traders would likely want to wait before pressing the bullish approach.But the up-trend just kept moving until, eventually, price action encountered the prior April-high, at which point bears began to take over. This totals over $80 of gains for Gold prices from the ‘Comey low’, which printed just as news that former FBI Director James Comey was fired, around market close on May 9th. Perhaps more interesting than just the raw movement is the speed with whi...

USD/JPY in Erfahrene Trader Jun 08, 2017 at 09:49

USD/JPY has reasserted downside pressures, affecting their view for new rallies to the 112 area and paving the way for a decline to supports at 109.05109.20 ahead of 108.61-108.73.Caution will be in order as a drop below these last supports would underpin bearish momentum, flagging 106.66 (quarterly Bollinger moving average) as targets. The resistances are located at 110-110.20, at 111, at 111.80-112 and at 112.60.

Alle Kotierungen
AUDUSD	0.65308	USDCHF	0.91344
EURJPY	166.718	EURCHF	0.9791
EURGBP	0.85681	GBPJPY	194.567
EURUSD	1.07185	GBPUSD	1.25097
USDJPY	155.544	USDCAD	1.36711

EURUSD	1.07185	GBPUSD	1.25097
USDJPY	155.544	USDCAD	1.36711

Beiträge von AmeliaChong